African Nations Say They’re Being Ripped Off by Wall Street

From left, Macky Sall, Kristalina Georgieva and Amina J. Mohammed attend an IMF conference on Africa’s indebtedness in Dec. 2019.Photographer: Seyllou/AFP via Getty Images
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Macky Sall had a bone to pick with creditors. Sitting before the head of the International Monetary Fund, investors and diplomats during a conference on African debt in December, the Senegalese president complained that Western prejudice keeps borrowing costs unfairly high on his continent.